03:39 PM EST - Boyuan Construction Group Inc. : said that it has signed two new agreements to construct two separate buildings. The combined aggregate value of the contracts is $26.3 million U.S. Under the terms of the agreements, Boyuan will construct a 23-storey hotel in Sanya, one of China's most popular tourist destinations. The project, which is valued at $11.7 million U.S., is expected to be completed by the end of 2010. Boyuan Construction Group Inc.
shares V.BOY are trading even at $2.15.